According to Business Insider, Italy is officially in a recession. A recession is defined as two consecutive quarters of negative growth. Italy accounts for Europe's fourth-largest economy. Analysts had been expecting the recession after data indicated that the Italian economy was continuing to struggle. One analyst said, "There appears little sense of optimism that the current soft patch will come to an end in the near future."

https://www.businessinsider.com/italy-economy-officially-in-recession-da...

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